Mesabi TrustMSB +0.16%75 Current Ratio is 6.12 as of Apr. 2026, which is 49% above its 10-year median of 4.11. GuruFocus rates MSB with a GF Score™ of 75/100 and a GF Value™ of $18.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 639 Steel companies, Mesabi Trust ranks better than 90.77% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mesabi Trust's current ratio for the quarter that ended in Apr. 2026 was 6.12.
Mesabi Trust has a current ratio of 6.12. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Mesabi Trust's Current Ratio or its related term are showing as below:
MSB'
s Current Ratio Range Over the Past 10 Years
Min: 1.3 Med: 4.11 Max: 85.55
Current: 6.12
During the past 13 years, Mesabi Trust's highest Current Ratio was 85.55. The lowest was 1.30. And the median was 4.11.
MSB's Current Ratio is ranked better than 90.77% of 639
companies
in the Steel industry
Industry Median: 1.63
vs MSB: 6.12
Mesabi Trust (NYSE:MSB) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Mesabi Trust Current Ratio Related Terms
Mesabi Trust Current Ratio Historical Data
* Premium members only.
The historical data trend for Mesabi Trust's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Steel subindustry, Mesabi Trust's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mesabi Trust Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mesabi Trust's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mesabi Trust (MSB) has a Current Ratio of 6.12 as of Apr. 2026. This is 49% above median its historical median of 4.11. Over the past decade, Mesabi Trust's Current Ratio has ranged from 1.30 to 85.55. According to the industry distribution chart, Mesabi Trust ranks #59 out of 639 companies in the Steel industry, placing it in the top 9.2%.
Is Mesabi Trust's Current Ratio too high?
Mesabi Trust's current Current Ratio of 6.12 is 49% above median its 10-year median of 4.11. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 85.55. The Steel industry median Current Ratio is 1.63. Mesabi Trust's value of 6.12 is 275.5% above this industry median. Based on the distribution chart, Mesabi Trust ranks #59 out of 639 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mesabi Trust has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mesabi Trust's Current Ratio compare to FRD and LUD?
According to the Steel industry distribution chart, Mesabi Trust ranks #59 out of 639 companies for Current Ratio. This places Mesabi Trust in the top 9% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. Mesabi Trust's value of 6.12 is 275.5% above this benchmark. Historically, Mesabi Trust's own Current Ratio has ranged from 1.30 to 85.55 over the past decade. While the company's 10-year median is 4.11 vs. the industry median of 1.63, Mesabi Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesabi Trust's current Current Ratio of 6.12 is 275.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current Current Ratio is 6.12, which is 49% above median its own 10-year median of 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesabi Trust stock overvalued right now?
Based on GuruFocus' analysis, Mesabi Trust (MSB) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.16, compared to a current price of $24.35 — trading 34.1% above its estimated fair value. The current Current Ratio is 6.12, which is 49% above median its 10-year median of 4.11 and 275.5% above the Steel industry median of 1.63. Mesabi Trust's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mesabi Trust (MSB), the current Current Ratio is 6.12 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mesabi Trust (MSB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesabi Trust stock appears to be overvalued.
The current stock price of $24.35 is trading 34.1% above its estimated GF Value™ of $18.16.
GuruFocus considers Mesabi Trust to be Significantly Overvalued.
Key valuation signals for MSB:
Current Ratio: 6.12 (49% above median its 10-year median of 4.11)
GF Value™: $18.16 vs. price of $24.35 (34.1% above fair value)
Industry Position: 275.5% above the Steel median (#59 of 639)
No single metric tells the full story. See the MSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the northeastern end of the Mesabi Iron Range.
75GF Score
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